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JPY Inches Lower Still, With Volumes Very Healthy

JPY
  • USDJPY inching higher minute-by-minute, touching a new extended high at 150.9433 (and counting) according to BBG prices. Activity is very healthy across JPY futures, with cumulative volumes Tuesday nearing 200k contracts and likely to top yesterday's total volume with the bulk of the US session still to come.
  • Recall earlier headlines saw Ministry of Finance confirm that no FX intervention had taken place at all across the month-ending October 27th.

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